Freesat has delivered the new Saorview mobile app

first_imgFreesat has delivered the new Saorview mobile app, web-powered TV guide and Spotlight recommendation service for RTÉ in Ireland as part of its partnership with the public broadcaster.The new services are part of an ongoing deal with RTE to deliver Saorview Connect, a forthcoming service that will let viewers access on-demand content and TV channels from a new set-top box.The Saorview app features a seven-day programme guide, Spotlight editorial recommendation service and is based on Freesat’s own TV guide app.The new services are powered by Metaphor, Freesat’s white label connected TV guide solution that is designed to let operators build a customisable connected TV offering.“It’s exciting to see the Saorview brand brought to life through Freesat’s technology. Saorview customers looking for an enhanced free TV service will enjoy a taste of what’s to come when the Saorview Connect box launches,” said RTÉ chief technology officer, Richard Waghorn.Freesat chief technology officer, Matthew Huntington, said: “Operators are looking for ways to deliver more compelling TV solutions to viewers and our Metaphor solution provides a tried and tested approach. Freesat’s latest delivery for RTÉ will give Irish audiences the chance to experience a connected TV service that rivals pay TV providers.”last_img read more

Just a few weeks ago it was revealed that the FBI

first_imgJust a few weeks ago, it was revealed that the FBI will be going through a huge stack of emails they stole from a free service, to find some peaceful people they can publicly prosecute. The service was called Tor Mail…and their advertising slogan was Free Anonymous Email. Supposedly, this system was ironclad and immune from government attacks. And, presumably, the operators would do this very hard thing, forever, and for free. That’s just not rational, regardless of the operator’s intentions. Nonetheless, a small army of people signed up and used the service. It was free, after all! Now, they are being burned, and maybe badly. That sucks, and they almost certainly don’t deserve it, but it was also rather predictable. Free is for suckers. Always has been, still is. Jump at “free,” and you volunteer to pay the piper eventually. Free Contributions Versus Free Services There is a fundamental difference between free contributions and free services. Free contributions can be honest, important, and noble. Phil Zimmerman gave us PGP, Tim Berners-Lee gave us HTTP, and Satoshi Nakamoto gave us crypto-currency. All of these were gifts, for which we should be grateful. Operating a service, however, is something different: Zuck: I have over 4,000 emails, pictures, addresses, SNS Zuck: People just submitted it. I don’t know why. They “trust me” Gifting something to the world is wonderful and deserves our gratitude. There’s nothing wrong with it. Nor is there a real problem with the shareware model, or with a free trial before buying, or the donations model. Doing the daily grind that is necessary to run a service, however, is something very different. These are not acts of passion; they are acts of determination and endurance. Sure, there can be moments of passion, but an ongoing service requires far more than that. And, any service provider that can’t deal with “grind it out” work doesn’t survive. The Free Service Game Right now, free services rule the Internet. Yahoo, Facebook, Google, Twitter, Instagram, and all the rest… their business model involves getting people to use their systems for free. But if you use something for free, you are NOT the customer. These companies DO have customers who pay them money, but that’s not you… which means that you are the product! Let’s not forget what Facebook’s Mark Zuckerberg famously texted his friend: Zuck: Yeah so if you ever need info about anyone at Harvard, just ask. Friend: What? How’d you manage that one?center_img A service requires daily work, most of it less than exciting. And there is no end to it. The contribution – the gift – requires a specific and limited expense of time and passion. Zuck: Dumb f*cks Anything you run through a free service goes beyond your control, immediately and permanently. These companies are monetizing your life, and the lives of your family and friends. Again, you are the product, and they’re selling you to anyone who will pay. No one really runs a service for free. The same thing goes for smartphone apps, by the way. They give them to you for free, or for almost free, and they also sell your life to anyone who will pay. The primary purpose of most apps is to spy on you. Read their privacy statements sometime. “Nothing Bad Will Happen” This is said every day, as it has been by more or less all the victims of history. I’m not for walking around in fear of course, but if you grab at “free” products, you are stepping into a trap. If you don’t know the price in advance, you’ll be charged anyway (in this case, by having your life sold), and you’ll overpay. And bad things do happen, as they did to Brandon Raub. Is ‘saving’ a couple bucks really that big a deal? Paul Rosenberg FreemansPerspective.comlast_img read more

Just as a matter of interest here are Nicks 12m

first_img Just as a matter of interest, here are Nick’s 12-month rolling intraday price average charts for gold and silver—and as you can tell at a glance, these longer-term charts bear no resemblance whatsoever to the June charts in either metal.  What does it mean, you ask? The shorts answer is—I don’t know.  I’m just pointing it out for informational purposes. I strongly suspect that it will be an interim price top The gold price was under quiet selling pressure right from the open in Far East trading on their Thursday—and by 1 p.m. Hong Kong time, the price was down $5.  From that point it chopped sideways until shortly after 11:30 a.m. in London—and then the selling pressure got a little more serious.  The low came right at 8:30 a.m. on the release of the jobs number. From there gold rallied until the London p.m. fix was in—and that was pretty much it for the remainder of the day, as the U.S. traders headed out the door for an early start to their long weekend. The high and low ticks were reported by the CME Group as $1,329.00 and $1,309.40 in the August contract. Gold closed on Thursday in New York at $1,319.60 spot, down $7.60 from Wednesday’s close.  Net volume wasn’t exactly light at 133,000 contracts. Both platinum and palladium really wanted to fly after Zurich opened yesterday, but their attempts, like on Wednesday, were met by a willing not-for-profit seller.  Here are the charts. Sponsor Advertisement Here’s Nick Laird’s Long-Term Silver 7/Sentiment chart—and as you can see, June was a very good month for the silver stocks.  But last month’s gains should be put into some sort of perspective when framed against how far these same equities have to go to get back to their old highs. The silver price had a very similar chart pattern except for the fact that the rally off the 8:30 a.m. EDT jobs number was somewhat more robust but, like gold, the rally ended at the London p.m. gold fix—and silver chopped sideways into the close. The high and low ticks in silver were reported as $21.23 and $20.82 in the September contract. Silver finished the Thursday session at $21.125 spot, down 2.5 cents from its Wednesday close.  Volume net of July and August was way up there once again at 43,000 contracts. Not that I want to rain on anyone’s parade—and I’d love to be be wrong at the top of my voice on this—but the current price action has all the hallmarks of a price top.  It’s a theme I’ve been harping on for the last week or so.  I strongly suspect that it will be an interim price top, but this overbought condition must be relieved before prices can power higher.  The only question remaining, at least for me, is how severe—in both speed and duration—will this engineered price decline be? And as I type this paragraph, the London market has been open for just a couple of minutes.  None of the four precious metals did much in Far East trading on their Friday—and all four are at, or a hair above, their Thursday closes in New York.  Considering the fact that the New York traders are MIA, I’m surprised that the volumes are this high.  Gold’s volume is just over 11,000 contracts—and silver’s volume is 5,500 contracts.  The dollar index, like the precious metal prices, is comatose. I’ve decided that since the markets are closed in New York today—and there is no Commitment of Traders Report or companion Bank Participation Report to discuss—a Saturday column just isn’t worth the effort, as there won’t be a thing of interest in it.  But I can tell you in advance that my Tuesday column will be the equivalent of my Saturday column—a really big read—but minus the “blasts from the past.” Here’s a chart that Nick Laird slid into my inbox late Thursday evening Mountain Daylight Time.  It’s the “Global Indices” chart—and what it shows should come as no surprise, as the biggest stock market bubble in the history of Planet Earth rages on. And as I send this off to Stowe, Vermont at 5:05 a.m. EDT, there’s still not much going on now that London has been open a hair over two hours.  Gold volume is up about 40% from the numbers posted in the previous paragraph—which isn’t much for this time of day—and silver’s volume is up less than 20% from two hours prior, so it’s obvious that the remainder of the Friday trading session should be quiet as well.  However, there’s always that black swan out there.  The dollar index is now up 8 basis points. That’s all I have for today.  Enjoy your weekend—and I’ll see you here on Tuesday.center_img The gold stocks gapped down two percent at the open—and hit their lows of the day less than ten minutes later.  From there they made every attempt to rally back to unchanged, but the markets closed at 1 p.m. EDT—and the best the HUI could do was finish down only 0.60%. However, it should be obvious to all except the willfully blind—and those whose jobs depend on them not seeing it—is that I can absolutely guarantee that there’s nothing free market about the price patterns on any of these four charts. I have very few stories for you today—and I hope you’ll find one or two that interest you. While the same 100 million ounces of metal is, effectively, available for investment in both gold and silver annually, because of the great price difference, that translates into a markedly different comparison on a dollar basis. 100 million oz of gold equals $130 billion, while 100 million oz of silver equals $2 billion. These are the dollar amounts required to be expended by the world’s investors in order to absorb the new gold and silver produced annually. Not only is it, obviously, easier for the world to come up with $2 billion than $130 billion, it is also easier for the world to come up with more than the $2 billion required in silver to strongly propel silver prices higher. That’s the key to precious metals prices – investment demand. That silver requires such a small amount of investment dollars to ignite prices to the upside compared to gold is the key difference between the two metals. – Silver analyst Ted Butler: 02 July 2014 Since I won’t have a column on Saturday, here are your weekly “blasts from the past.” The pop one was a smash hit the same summer that I graduated from high school—1966.  The Lovin’ Spoonful was a hot band in the mid-1960s—and made a huge impression on me.  Their biggest hit is linked here. Today’s classical selection is a short piano work composed by child prodigy Frédéric Chopin in 1834.  It’s his Fantaisie-Impromptu in C sharp minor, Op. 66.  You have to be one of the giants of the piano world to do this work justice—and Evgeny Kissin is more than up to it.  I heard this on CBC FM yesterday—and thought it worth sharing.  It’s one of his most popular compositions—and you’ve probably heard it in one form or another at least once in your life.  The link is here. When I turned on my computer yesterday morning, I couldn’t figure out what the down/up price spikes in gold and silver were all about until Ted Butler gently reminded me that because of the July 4 holiday, the jobs number had come out a day early, so that explained the price action—as counterintuitive as it is, because there’s no real reason why the jobs numbers should affect the precious metal prices. Here are the charts from yesterday—and once again I wasn’t happy with the volume numbers for either gold or silver—especially silver—but I’ll chock it up to yesterday’s price action.  However, once the p.m. gold fix was done—and London closed for the day, volumes vanished as prices flatlined for the remainder of the New York trading session. The agreement with Sumitomo on the Fourth of July project is a great compliment to our recent agreement with Newmont Mining on the Wood Hills South project. We also have the Arabia, Golden Shears and some generative efforts being funded through our joint venture business model. We have enough capital in the bank to last two more years and no debt. The share structure remains at 33.5 million fully diluted. We are very well positioned to have a major win with an incredible share structure. Renaissance Gold has proven through the joint venture business model what exploration success with a tight share structure can do. Renaissance is the spinout of AuEx Ventures that sold in 2010 and made just shy of 100x their first private placement. It takes technical strength and fiscal conservatism to generate meaningful share holder returns in the high risk exploration business. Please visit our website for more information. It was more or less the same price pattern for the silver equities, but the rally of their lows was much more vigorous—and Nick Laird’s Intraday Silver Sentiment Index closed up 0.61%. The CME’s Daily Delivery Report showed that 25 gold and 135 silver contracts were posted for delivery within the Comex-approved depositories on Tuesday.  In gold, ABN Amro was the short/issuer on all 25 contracts—and Canada’s Scotiabank and Morgan Stanley split them up between themselves.  In silver, the only two short/issuers were Jefferies and ABN Amro with 114 and 21 contracts respectively.  Not surprisingly, it was the biggest silver shorts on Planet Earth as the largest long/stoppers—JPMorgan with 63 for its client account and Canada’s Scotiabank with 45 contracts.  The link to yesterday’s Issuers and Stoppers Report is here. There were no reported changes in GLD—and as of 9:59 p.m EDT yesterday evening, there were no reported changes in SLV, either. Since yesterday was Thursday, Joshua Gibbons, the “Guru of the SLV Bar List” updated his Web site with the weekly goings-on within the SLV/span> ETF—and he had a lot to say in this week’s report: “Analysis of the 02 July 2014 bar list, and comparison to the previous week’s list:  2,544,213.2 troy ounces were removed (all from Brink’s London)—and no bars were added or had a serial number change.“ “The bars removed were from: Jiangxi Copper (0.6M oz), Solar Applied Materials (0.4M oz), Russian State Refineries (0.3M oz) and 18 others.  As of the time that the bar list was produced, overallocation could not be calculated (due to the inaccurate bar list).“ “The list shows 864,675.8 oz of bars as being in SLV, that reported as having been removed on Monday. That is very unusual. So did an A.P. not get their silver right away (why?) or is the bar list several days out of date (why?).” “There was a withdrawal of 127,074.4 oz yesterday that should be accounted for on next week’s list.“ “There was another unusual timing of an update last Thursday (June 26) at 11:15 p.m., whereas updates almost always occur between 8:00-9:00 p.m. ET.”  The link to Joshua’s Web site is here. There was no sales report from the U.S. Mint yesterday. Over at the Comex-approved depositories on Wednesday, there was almost no in/out action in gold worthy of the name, as only 402 troy ounces were received—and nothing was shipped out.  But silver made up for it once again, as 602,891 troy ounces were reported shipped in—and 1,309,274 troy ounces were shipped out the door.  Virtually all the silver action was at CNT or Canada’s Scotiabank.  The link to the silver action is here. Nick sent me the intraday price charts for June for both gold and silver.  Both have very similar shapes.  The average of all trading days in both metals indicated that once the daily trading noise is removed, it shows that [in June] both metals began to rally shortly before the Comex open—and these rallies ended at the 1:30 p.m. Comex close. The dollar index closed at 79.94 late on Wednesday afternoon in New York—and crawled up to the 80.05 mark by the time the jobs number was released at 8:30 a.m. EDT.  The index then blasted higher—and 30 minutes later it was at 80.30.  It slid a bit from there into the London p.m. gold fix—and then traded flat for the remainder of the New York session.  The index closed at 80.21—up 27 basis points.last_img read more

Recommended Links

first_img Recommended Links Oil companies are hemorrhaging money… The oil market is in its worst downturn in decades. The price of oil has plummeted 72% since June 2014. Oil is trading below $30 a barrel for the first time since 2003. If you’ve been reading the Dispatch, you know the world has too much oil. In recent years, technologies like “fracking” have unlocked billions of barrels of oil that were once impossible to extract from shale regions. Global oil production has climbed 20% since 2000. Last year, global output hit an all-time high. Yesterday, The Wall Street Journal reported the global oil market is oversupplied by 1.5 million barrels a day. Because oil is leaving the ground faster than it’s being consumed, oil storage tanks are overflowing. Companies are now storing oil on tankers floating at sea, according to Bloomberg Business. •  Low oil prices have slammed oil stocks… Since June 2014, Exxon Mobil (XOM), the world’s largest oil company, has dropped 27%. Chevron (CVX), the second-biggest oil company, has plunged 38%. European oil giants Royal Dutch Shell (RDS-A), BP (BP), and Total S.A. (TOT) have plummeted 46%, on average, over the last 18 months. Together, these giant companies are known as the oil “supermajors.” •  BP had a $3.3 billion net loss last quarter… And it lost $6.5 billion for the year, its worst annual loss in at least 30 years. Exxon sales fell 28% last quarter. Its profits plunged 58% to $2.78 billion, the company’s lowest quarterly profit since 2002. Chevron also booked its worst quarterly profit since 2002. Shell expects to report a 42% decline in profits for their fourth quarter. •  Oil and gas companies slashed spending by 22% last year… Analysts expect another 12% cut this year to $522 billion, according to Reuters. The industry hasn’t spent that little since 2009…when the U.S. economy was going through its worst downturn in almost a century. More spending cuts are coming this year… Chevron plans to cut spending by 24% this year. The company laid off 10% of its employees in October. Exxon plans to cut spending by 25% in 2016. And BP plans to eliminate 9% of its jobs over the next two years. •  The supermajors have not cut dividends yet… Regular readers know these oil giants pay some of the steadiest income streams on the planet. Shell hasn’t cut its dividend since World War II. Exxon and Chevron have both increased their annual dividends for at least the past 25 years, which earns them a spot in the “Dividend Aristocrats” club. Investors view these dividends as sacred. Some have even passed along their original shares to children and grandchildren, like grandma’s ring or the family farm. These giant oil companies have been paying regular dividends for decades, even through the 2001 dot-com crash and 2008 financial crisis. Cutting their dividends would be a last resort. •  The world’s oil giants may have to do the “unthinkable” if oil prices stay low… Financial Times reported in December, …(J)ust weeks ago, BP and France’s Total each pledged to balance their books at $60 a barrel oil, saying they aimed to cover their dividends from “organic” cash flow by 2017. …(E)ven at $60, the three biggest European majors will need to take further cost-cutting action to cover investor payouts…Total’s $6.8bn dividend would exceed its projected organic free cash flow by $800m two years from now. For BP, the cash shortfall is put at $500m… These oil companies cut costs to be profitable at $60 oil. But with oil now at $30, they need to make even more drastic cuts. BP is running out of places to cut spending according to Bloomberg Business. While Chief Executive Officer Bob Dudley has trimmed billions of dollars of spending, cut thousands of jobs and deferred projects in response to the plunge in crude prices, BP’s cash flow still doesn’t cover investments and dividends… BP has already cut “a lot” from capital expenditure, Chief Financial Officer Brian Gilvary said Tuesday at a press briefing in London. When asked how much room it has to reduce spending further before cutting into the bone, Gilvary said “we are around that zone.” •  Standard & Poor’s (S&P) downgraded Chevron and Shell this week… Ratings agencies downgrade a company’s credit rating when they think the company’s financial health is getting worse. Like a person having a bad credit score, a downgrade can make it harder and more expensive for a company to borrow money. S&P cut Shell’s credit rating to the lowest level since 1990. S&P also put the debt of BP, Total, and Exxon on watch for downgrades. S&P doesn’t think oil companies have cut spending enough. Bloomberg Business reported: S&P’s moves come after the ratings company lowered its 2016 oil-price assumption Jan. 12, reducing Brent crude by $15 a barrel to $40. The 52 percent average price decline in 2015 won’t be matched by most companies’ cost and spending reductions, S&P said. As regular readers know, the oil market is cyclical. It goes through big booms and busts. Eventually we’ll get an amazing opportunity to buy world-class oil companies at absurdly cheap prices. But with dividend cuts looming, the bottom likely isn’t in yet. We recommend avoiding oil stocks for now. •  Louis James, editor of International Speculator, sees an opportunity to profit from cheap oil… Louis is our resource guru. He specializes in finding small miners with huge upside. Louis is an expert in the cyclical nature of commodities. He knows how to make money during booms and busts. And now, Louis sees opportunity in airlines. Jet fuel, which is made from oil, is a major operating expense for airlines. So, airline stocks often move up when oil drops. Last year, jet fuel prices fell by more than one-third. Major airlines are now raking in cash… The U.S. airline industry made $22 billion in profits during the first nine months of 2015, according to the Department of Transportation. That’s more than any entire year in its history. •  In December, Louis recommended his favorite airline stock in International Speculator. The company has doubled its profits during the third quarter of 2015. On Monday, Louis said the company doubled its profits again last quarter. The company just announced more-than-solid financial results for last quarter, doubling its quarterly profit. The company says it’s on track to hit the high end of its operational goals for the fiscal year. All great, but even better is that the stock rebounded from its recent slide on the news. That’s “proof of concept” that this stock can buck the market by delivering to the bottom line when other businesses are hurting, which was one of the main reasons we bought this stock. The stock surged 4% with the quarterly news…and Louis thinks the stock will continue higher. You can learn more about Louis’ favorite airline by signing up for a risk-free trial to International Speculator. Chart of the Day BP just had its worst year in at least three decades… Today’s chart shows BP’s profits since 1985. Since then, the oil giant has made money in 27 years and lost money in 3. Last year, BP lost a record amount of money. It lost more than it did in 2010…when one of the company’s oil rigs exploded in the Gulf of Mexico. BP has cut billions of dollars in spending. It’s laid off thousands of workers. Yet, it’s still bleeding cash. The company may soon have to do the unthinkable and cut its dividend. — TECH ALERT: Buy, Buy, Buy The lucrative computer lab that invented the personal computer and spawned Apple and Microsoft’s empires is back with a brand-new invention. “(It) could revolutionize the way electronics are made,” according to The MIT Technology Review. Only one company holds the patent—and it’s poised to become the next tech giant.center_img – Close Out a 100% Gain … Every Month? Imagine closing a trade every month that turns $10,000 into $20,000. It may seem impossible, but after three years perfecting a system (at a cost of over $1 million), and 300 beta testers using it in real time, we are ready to let you see it. Click here now for full details. Regards, Justin Spittler Delray Beach, Florida February 03, 2016 We want to hear from you. If you have a question or comment, please send it to We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful.last_img read more

DEADLINE ALERT Midnight Tomorrow New Years Day

first_img DEADLINE ALERT: Midnight Tomorrow (New Year’s Day)… Tomorrow at midnight, we’re closing our lifetime membership offer, Casey Platinum, to the public. The doors won’t open again for perhaps an entire year. If you would like to get all of our stock research for a tiny fraction of what others might pay, CLICK HERE NOW. Recommended Links Editor’s note: Today and tomorrow, to close out our special holiday series, we’re sharing a brilliant two-part essay from Casey Research founder Doug Casey on the corruption of the English language. It’s been one of Doug’s most popular essays this year. One longtime reader even wrote in to tell us, “as an avid reader of your columns for years, I would say this is the most outstanding piece I have read.” We think you’ll enjoy it as well… Let’s discuss words. Many of the words you hear, especially on television and other media, are confused, conflated, or completely misused. Many recent changes in the way words are used are corrupting the language. The corruption of language is adding to the corruption of civilization itself. Words are extremely important because they provide the most important means we have to communicate with each other. If you don’t mean what you say and say what you mean, then it’s impossible to communicate accurately. Do you remember that famous line at the end of Cool Hand Luke, when Paul Newman gets shot? “What we’ve got here is failure to communicate”? That’s what I want to talk about. Where shall I start, because there are over a million words in English? I’ve rather arbitrarily chosen a few that are especially relevant to investors and freedom lovers. Many of these words are popular with the political classes. For instance, stimulate the economy. That phrase came out in the ’60s. It really just means “print up money.” They don’t use it much anymore because they can see it no longer results in stimulus; rather, the opposite. Now it’s called quantitative easing. And everybody uses it without questioning the fact that it means “print money,” “inflate the currency,” or “debase the currency.” They say “quantitative easing” with no irony. It makes me think the chattering classes are actually, in reality, quite stupid. I’ll discuss that word—“stupid”—later. The “powers that be” use a word, and all the jabbering monkeys follow their lead using the same word. I advise you to call them on it. When you use the enemy’s language, you’re playing the enemy’s game on his field. And you can’t win a battle when you do that. You may have noticed, for instance, that over the last 10 years, they only talk about gold in terms of tonnes. Not ounces, tonnes. This is doubly confusing to the average guy. Because they’re basically innumerate. Most people are unaware that there are two kinds of tons. There are metric tonnes, which are 1,000 kilos, or 2,204 pounds. And English, or short tons, of 2,000 pounds. And a lot of times, when I see things written, they’ll write “a ton of gold,” and they spell it T-O-N. It’s totally different from a T-O-N-N-E of gold, but nobody knows that, including the ignorant journalists. But they shouldn’t be using either “tonnes” or “tons.” If you’re going to price something in ounces, and use something in ounces, and miners report it in ounces, it’s idiotic to insert “tonnes” into the conversation. Nobody buys or sells or uses a tonne of gold. Even though gold is priced in dollars per ounce, you have fools who talk about tons or tonnes—not having a clue how many troy ounces are in either of them. Or even vaguely knowing what a tonne of gold is worth. But it serves to make the subject of gold more confusing, and more irrelevant, to the average guy. Let’s talk about bonds. I’m short bonds right now. But do you remember when debt instruments used to be called bonds and debentures? That is a critical but totally lost distinction. A bond is a debt instrument that is guaranteed by a specific asset in addition to the company’s credit. A debenture is a debt instrument that is just guaranteed by the issuer’s general credit. Whatever happened to debentures? Apparently, they don’t exist anymore. Why? Because although almost all debt instruments are debentures today, they’re now called bonds—which are better than debentures. It’s subtle, dishonest, and indicative of what’s happened to the credit universe in general. Things are made to look better than they, in fact, are. Another one. Time deposits and demand deposits. Some of you may remember the proper use of those terms. But, now, they’re completely conflated. Banking is actually two totally separate and different businesses combined into one. With time deposits, you give the bank X number of dollars for a specific length of time, and then the bank guarantees you a specific amount of interest. Why? So it can lend it out at a higher rate of interest for an identical amount of time, generally in a self-liquidating, secured business loan to somebody of substance. Consumer and mortgage loans are out of the question to a sound banker. Time deposits still—kind of—exist in the form of CDs, but they’ve generally morphed into savings accounts in the common vernacular. And even those have disappeared and have been conflated with demand deposits—called checking accounts by most people. They are totally different animals. At least if you’re running a sound bank. Historically, with checking accounts, the bank doesn’t pay you interest; you pay the bank a fee. Why? For the service of storing your money, and the convenience of writing checks against it. It’s as if you gave your furniture to Allied Van and Storage, paying them to store it. Now, this distinction is totally lost, and they can, in effect, lend your furniture out. This, plus the fractional reserve system, is why all the world’s banks are illiquid, and most are basically bankrupt. Investment. Savings. Everybody uses these words, often interchangeably. But nobody ever defines them, because they don’t understand what they actually mean. So, they’re misused and conflated. What is investment? “Investment” is the allocation of a certain amount of capital to a productive enterprise, intended to create more capital. It’s like planting a seed. “Savings” is simply putting aside the fruits of past production. You should produce more than you consume. When you set aside the excess, that is savings. Saving creates capital, and with capital, you can invest. But now, the concepts of savings and investment are conflated. The difference between them is undefined and therefore uncertain in the public’s mind. Speculation. A lot of people think, “Speculation? Oh, that’s gambling.” Well, actually no. Speculation is allocating capital not to create more capital, but to take advantage of distortions and misallocations created in the market—usually by government interference. Gambling is to engage in a game of chance—roulette, dice, or the like. Since most people in the markets have no idea what they’re doing, they actually are gambling—just using their brokerage house as a casino. Perhaps that’s why people conflate the two things. Shareholders and stakeholders. We all know that a shareholder actually owns a share in a company, but have you noticed that over the last generation shareholders have become less important than stakeholders? Even though stakeholders are just hangers-on, employees, or people who are looking to get in on a shakedown. But everybody slavishly acknowledges, “Yes, we’ve got to look out for the stakeholders.” Where did that concept come from? It’s a recent creation, but Boobus americanus seems to think it was carved in stone at the country’s founding. We’re told to protect them, as if they were a valuable and endangered species. I say, “A pox upon stakeholders.” If they want a vote in what a company does, then they ought to become shareholders. Stakeholders are a class of being created out of nothing by cultural Marxists for the purpose of shaking down shareholders. Inflation. This is one of the most misused words; few even think about its actual meaning. What is inflation? “Well, that’s prices going up.” No, it’s not. To say that is to confuse cause and effect. Inflation is an increase in the money supply. You inflate when the money supply is increased by more than real wealth increases. Prices go up as a result. People have forgotten about that. Today, inflation seems to come from out of nowhere, like a freak storm. No cause. Unless it’s blamed on the butcher, or the baker, or an evil oil company. Nobody ever thinks it’s a central bank—the Fed in the U.S.—that actually creates more money, and causes inflation. You’ve heard that the Federal Reserve is trying to create a little bit of inflation because, they say, “A little bit of inflation is good.” No, even a little bit of inflation is deadly poisonous. For two reasons: It creates the business cycle. And it destroys the value of savings. Saving is the basis of capital creation. People who say that a little inflation is a good thing are dangerous fools. Well, what about deflation? That’s a bad thing, they say. Well, is it? In fact, deflation is a natural thing in a healthy capitalist economy. Why? Because in a healthy capitalist economy, every year, more wealth is created. An increase of wealth means prices, denominated in a sound money, will go down. And when prices go down, it means that the money you saved is worth more. Your standard of living will rise. Deflation encourages saving. And that’s a good thing, not a bad thing, because remember, savings represents the excess of production over consumption. That’s how you get wealthy, by producing more than you consume and putting aside the difference. And when you have deflation, where your money becomes more valuable every year, you’re encouraged to save. When the government destroys the currency by inflating it, saving is discouraged. Of course, at this point, because of the unsound monetary system, we might get a catastrophic deflation. A credit collapse. Another misused word is money. Money can be defined as a medium of exchange and a store of value. Historically, it’s always been something tangible. For instance, cows or salt. The word pecuniary comes from pecus, which is the Latin word for cow. We get salary from the Latin word for salt. But gold and, sometimes, silver have always been preferred as money. What you’ve got in your wallet, however—those dollar bills—are currency. Currency is a relatively recent invention. It’s the government’s substitute for money. It originated as a receipt for money, i.e., gold. Currency no longer has any relationship to money. And now, forget about even having currency; it’s all about credit. Even currency is going out of circulation with the War on Cash. Soon you’ll only have credit, ephemeral digits in the ether. Everything you buy or sell will go through your bank account, so the powers that be can know exactly what you’re doing. It’ll be pretty much impossible to evade taxes. Or maintain any privacy. The world’s rapidly going in that direction. It’s a huge mistake, and we should not do that. Wait a minute—what did I just say? I said, “We should.” Those are perfectly fine English words except when they’re used together. We should. You remember Tonto and the Lone Ranger? Do you remember the joke about when they were surrounded by a bunch of hostile Indians—excuse me, Native Americans—and the Lone Ranger says to Tonto, “Tonto, we’re in a lot of trouble.” And Tonto looks at the Lone Ranger—incidentally, Tonto means “stupid” in Spanish—and says, “What do you mean we, white man?” We is a dangerous word. Especially when combined with “should.” It often occurs in political speeches or in comments by talking heads. Listen to the imbeciles on TV, and see how many times the words we should occur. I’m sympathetic to Tonto. Another word the political class uses a lot lately is diversity. “We’ve got to have diversity.” No, we don’t have to have diversity. I don’t see why every room has got to have a few blacks, Hispanics, or women. Well, of course, half of the human race are women. But I occasionally like to go to a men’s club. It’s odd that men are never invited to ladies’ functions—and don’t care. In fact, birds of a feather usually flock together. This is perfectly natural. I don’t think you need diversity. If you want it in your club, fine. But freedom of association is far, far more important. I form my friendships based upon neither diversity nor a lack of diversity, although there’s a natural tendency to associate with people like yourself. I form my friendships based upon the character and the beliefs that a person has. The attributes that create diversity are stupid accidentals. The fact that diversity is emphasized draws attention to incidentals like race, sex, and gender, and diverts it from important things like character and beliefs. Diversity has become destructive. Cultural Marxists love it because they hate people. Unity has also become poisonous. That’s another one moronic politicians love to invoke: “We’ve gotta have unity.” No, we don’t have to have unity. In fact, we shouldn’t have unity. Unity is dangerous. It’s what happens when all the chimpanzees get together and start hooting and panting to create a war. People like Hitler, Stalin, and Mao required unity. Remember when it was okay to have bank secrecy, or any kind of secrecy? And then secrecy became somehow wrong. So, moral cowards said, “Let’s just have privacy; the word sounds less threatening.” Well, you can forget about privacy, too. Now, you’re just supposed to have transparency. That’s another word that’s just been revitalized in the last politically correct generation or two. It’s promoted by busybodies as a good thing. Transparency is a condition where everybody can see everything. Frankly, in my life, I don’t want everybody, or anybody for that matter, to see anything; it’s none of their damn business. The ability to maintain privacy or secrecy is one thing that separates civilized men from primitives living in mud huts. I don’t acknowledge either the necessity or the automatic goodness of transparency. Now, if I own shares in a publicly traded corporation, as a shareholder, I’ll demand transparency from the management. Generally speaking, management shouldn’t be trusted. They’re hired suits, and shareholders should keep them on a short leash. But nobody other than shareholders has a right to demand transparency from a corporation. In general, forget about this word. It’s popular. Everybody uses it. But it should be expunged from your vocabulary simply because it’s become such a favorite of cultural Marxists and busybodies. Editor’s note: As you know, Doug is among the most respected investors in the world. Since 1979, he’s called some of the biggest financial events of our time. And now, until tomorrow night only, you can get all of Doug’s future moneymaking research—as well as everything we publish here at Casey Research—as part of our exclusive Casey Platinum Membership. If you’ve wanted to see the many different products we offer, this is a way to save tens of thousands of dollars over the years. To learn more about this incredible opportunity, click here. Just remember, this offer ends tomorrow at midnight. — Our Government Is Corrupt!  This is the most sophisticated case of political corruption we’ve ever seen… But it’s not happening in Russia… Ukraine… or even China. The biggest offenders are right here, in the United States of America. Click here for details. –last_img read more

Watching an infant propel herself across the floor

first_imgWatching an infant propel herself across the floor on wheels in a saucer-shape baby walker may be as entertaining as a comedy episode. But because hospital emergency rooms treat more than 2,000 babies a year for injuries sustained while using these walkers, American pediatricians are repeating their decades-old call for a ban.”I view infant walkers as inherently dangerous objects that have no benefit whatsoever and should not be sold in the U.S.,” says Dr. Benjamin Hoffman, a pediatrician who chairs the American Academy of Pediatrics Committee on Injury, Violence and Poison Prevention.More than 230,000 children under 15 months old were treated in U.S. hospital emergency departments for skull fractures, concussions, broken bones and other injuries related to infant walkers from 1990 through 2014, according to a study in the journal Pediatrics published Monday.The walkers are designed to mobilize babies not yet able to walk on their own, but moving on four wheels sometimes sends them on dangerous paths or tumbling down stairs.Pediatricians have long warned against using baby walkers, and consumers groups joined them to call for a ban in 1992. Publicity about the hazards has led some parents to stop using infant walkers and manufacturers to voluntarily tighten safety standards. In fact, the number of injuries related to baby walkers dropped dramatically from nearly 21,000 in 1990 to 3,200 in 2003, the study notes.In 2010, the U.S. Consumer Product Safety Commission strengthened safety requirements on the manufacture and testing of infant walkers, such as installing brakes to prevent stair falls. Injuries dropped an additional 23 percent in the four years after the federal mandatory safety standards took effect compared with the four years prior, the study found.The study is the first to examine the impact of these regulations on emergency room visits. The researchers conclude that the rules probably slowed the number of injuries, but thousands of children are still getting hurt.”Despite this great success, there are still 2,000 children a year being treated for injuries, many of them serious injuries, in emergency departments,” says Dr. Gary Smith, the study’s senior author and the director of the Center for Injury Research and Policy at Nationwide Children’s Hospital in Columbus, Ohio. “Therefore, we support the position of the American Academy of Pediatrics that baby walkers should not be sold or used. There’s absolutely no reason these products should still be on the market.”Smith and Hoffman, who practices at the Oregon Health and Sciences University in Portland, agree that the study provides further proof that the CPSC should follow Canada’s lead and ban the manufacture, sale and import of infant walkers. Canada banned the devices in 2004.The CPSC, an independent government safety agency comprising five presidential appointees, notes that the study shows that injuries have decreased significantly since the 2010 regulation. “CPSC continues to monitor the products’ safety,” it says in a statement to NPR.But doctors say the damage infant walkers can do to children’s brains and bodies is not worth the risk of keeping them on the market. Smith has treated babies who landed head-first on concrete after falling down a flight of stairs while strapped into an infant walker. So has Dr. Jerri Rose, a pediatric emergency physician and professor at Case Western Reserve University School of Medicine in Cleveland.Rose, who was not involved with the study, says she has seen a slight drop in the number of babies coming into the hospital after being injured in infant walkers. But she continues to treat infants who get into accidents in walkers.”They’re really not safe,” she says, especially because parents often use them as baby sitters so they can turn away and focus on other tasks.The walkers can allow babies to toddle into areas they ordinarily could not reach — stairways, pools, bathtubs and kitchens. Some have drowned, and some have suffered burns after pulling boiling food off stoves, Rose says.A previous investigation identified eight babies who died from 2004 to 2008 as a result of injuries sustained in infant walkers.Smith estimates that babies strapped into infant walkers can travel 4 feet in one second — faster than their parents.”Parents bought the myth that if they watched their children carefully they wouldn’t get into trouble,” he says. “But that was a myth.”Also, many parents mistakenly believe that infant walkers can speed their children’s ability to walk. But studies have shown that they might slow motor development, Rose says.Many families still buy infant walkers despite the warnings, though, and some families hand them down from generation to generation, the authors of the Pediatrics study write. Stores stock a colorful selection of walkers decorated with an array of animals and Disney or Sesame Street characters.As a safer alternative, Rose recommends stationary activity centers, which provide babies entertainment without mobility.It’s not just infant walkers that cause injuries. Improper use of infant walkers, baby carriers, strollers, changing tables and bath seats brings children 3 years or younger into U.S. hospitals to be treated for injuries every eight minutes, a recent study showed, and these injuries are on the rise.Ronnie Cohen is a Northern California journalist who frequently writes about health. Follow her on Twitter @ronnie_cohen. Copyright 2018 NPR. To see more, visit read more

In June an unusual email arrived in the inbox of

first_imgIn June, an unusual email arrived in the inbox of an NPR global health correspondent.The headline was: “Merck Foundation together with First Lady of Burundi release ‘Plus Qu’une Mere’ an empowering French Song as courtesy to all infertile women in Burundi and Africa.”The email had a link to a video of a performance with an all-female choir. Wearing traditional African clothing printed with the Merck Foundation’s logo, they sing a song with lyrics that encourage people not to blame women for infertility.They’re performing before an audience of maybe a hundred people, most of them in similar Merck garb.The video raises a number of questions: Can a song be helpful to women who are infertile? What is the role of the First Lady of Burundi in this project? And … why is nearly everyone in the choir and audience wearing the Merck logo? To learn more, NPR spoke to the Merck Foundation and to specialists who deal with infertility and the impact of musical health messages.A Musical MessageThe song is part of an ongoing campaign called “More Than A Mother” from Merck Foundation, the charitable arm of the pharmaceutical company Merck KGaA Germany.Since 2016, the Foundation has been staging music videos, performances and songs (as well as fashion shows and media trainings) to send the message to African countries that a woman should not be blamed if she is unable to bear children.The campaign messaging also notes that for those women and men who do seek fertility treatments, Merck has options.(As for the garb of the choir singers, one global health researcher interviewed by NPR was not concerned. In parts of sub-Saharan Africa, explains Jocelyn E. Finlay, a senior research scientist at Harvard T.H. Chan School of Public Health, it’s common for community leaders to celebrate special events by printing large swaths of traditional African fabric with the logo of a sponsoring group for guests to turn into clothing.)Neglected TopicMerck’s efforts are important because infertility is an under-researched issue around the world, says Finlay, who studies reproductive health in low-income countries.”The overall message is not a bad one,” she says of Merck’s campaign. “Not much [in terms of funds and research] is going on for maternal health right now — priorities are shifting elsewhere. Merck is one of the few organizations that prioritize women’s health in developing countries” through research, partnerships with local health care institutions and public education.And Merck is doing more than hosting fashion shows and making music videos.The Foundation also sponsors an Embryology & Fertility Training Program, a three-month course in clinical and practical matters in more than 30 countries across Africa and Asia. Since 2015, the program has trained 109 fertility specialists.Rasha Kelej, CEO of Merck Foundation, said she could not share the budget of the program because the figure is “hard to extract.” It is part of Merck’s larger effort to provide training to health-care workers in the developing world on such medical concerns as cancer, diabetes and rehabilitation, she says. And that broader effort includes support and financial contributions from its partners, including the Manipal Academy of Higher Education in India and the International Institute for Training and Research in Reproductive Health in the form of free tuition and other donations.The infertility program is especially critical in sub-Saharan Africa. While the region has some of the highest birth rates in the world, it also has one of the highest rates of infertility globally, according to the World Health Organization. Around the world, more than 180 million couples face infertility. In the poorest countries, the 12-month infertility prevalence rate — failure to achieve a clinical pregnancy after 12 months or more of regular unprotected sex — ranges from 6.9 to 9.3%, according to WHO.As in many parts of the world, women in sub-Saharan Africa who can’t have children often feel a sense of shame. “There is an expectation that women can bear children. And when they don’t get pregnant, then it’s assumed it’s the woman’s fault,” says Finlay.Most cases of infertility in this region are caused by infections, for example STDs or pelvic infections, according to a 2011 study in Facts, Views and Vision in OB-GYN. Some of these causes are treatable, but the techniques are often too expensive for the majority of the population. And there are few fertility specialists and treatments on the continent, says Finlay.Infertility Care For AllMerck Foundation, says Kelej, is ramping up fertility services to people from all income levels. In addition to its training program, it has teamed up with the International Federation of Fertility Societies to provide fertility services to public hospitals across Africa. The idea is to provide low-income patients who are trying to conceive with basic treatments — for example, removing fibroids or treating infections.In this partnership, Merck connects African fertility specialists to technical experts who travel to the local clinic. They demonstrate how to use the medical equipment or provide assistance in setting up an in-vitro fertilization center. So far, Merck and IFFS have helped set up fertility clinics in public hospitals in Uganda and Guinea.”We want women and couples to have access to everything: information and health. We want to change their mindset around infertility and let them know they have a choice,” says Kelej.Songs To ‘Empower’ WomenThe “More Than A Mother” campaign has so far launched 14 local songs with singers from Gambia, Ghana, Kenya, Rwanda and Sierra Leone. Merck says the songs were created to “empower” women with the message that there is more to life than being a mother. Men shouldn’t blame women if they aren’t able to have children. One lyric goes, “Life is bigger than having children, my friend.”And the songs point out that infertility can also be an issue for men. In a song called “Life Is Bigger,” Rwandan artist Tom Close, sings: “Yes, she might be the one with the problem. But you might as well be the one with the problem.”Close is one of the many artists that the Foundation enlisted to create songs and music videos to reflect local culture and language. The musicians also include the local all-female choir from Burundi, a singer named Sunita from Gambia and a Kenyan rapper (with more than a million Instagram followers) known as Octopizzo.And of course, there is the song written and performed by the First Lady of Burundi, H.E. Madam Denise Nkurunziza. Kelej says that Nkurunziza is a singer in her own right and put out versions of her “More Than A Mother” song in French, English and Kirundi, a Bantu language spoken in her country. Some of the videos can be found on the Foundation’s YouTube channel. The goal is for the songs to get local TV and radio airplay.If done well, musical messaging can be a good strategy, says Carlos Chirinos Espin, a professor of music and global health and the director of New York University’s Music and Social Change Lab. “There is a body of literature that shows entertainment education has a strong ability to change behaviors in health.”According to the 2019 SAGE International Encyclopedia of Music and Culture, music has helped change attitudes and inform the public about diseases from HIV/AIDS to malaria. Espin himself helped develop a campaign during the Ebola crisis called Africa Stop Ebola, to raise awareness about the pandemic.But some global health advocates and ethnomusicologists interviewed for this story say that the “More Than A Mother” music videos fall flat. In one video from August 2018, for example, Merck Foundation teamed up with Octopizzo and Rozzi, a singer from Sierra Leone.Titled “Octopizzo ft. Rozzi, Remix of Merck More Than A Mother Song,” it shows an African man kicking his wife out of a house because she can’t have children. A few scenes later, the woman — wearing an African print garment and visibly disheveled — goes to meet with a woman sitting behind a big desk and computer at an office building. That woman is Kelej, CEO of the Merck Foundation. Kelej, an Egyptian national with blonde hair and Western clothing, lifts the woman’s downcast face with her hands. Seconds later, the African woman is walking down the hall of a building wearing Western clothing. In the next scenes, her fortune changes. She starts her own business, meets the man of her dreams, gets remarried and — with the support of her husband, begins infertility treatments.The video is “problematic,” says Austin C. Okigbo, an associate professor of global health and ethnomusicology at the University of Colorado, Boulder. It makes it seem as if the biomedical intervention solves all problems, but it “does not solve the culturally rooted problem of blaming women for infertility.””A medical solution [only works] when the cultural biases have been addressed,” he adds. “It can be an option for those who wish to go that route. It means that Merck is out to sell their product and not there to address the problem of infertility stigma.”Kelej disagrees with the criticism. “I don’t believe there is a dual message,” she says. “We want women and couples to have access to everything: information and health. We want to change their mindset around infertility and let them know they have a choice.”Power DynamicsThe Octopizzo and Rozzi video raises other concerns. Some social justice advocates are uneasy with the imagery in the video featuring Kelej. The African woman’s life is only transformed after meeting Kelej and working with the Merck Foundation.The power dynamic between Kelej — who works for a Western multinational pharmaceutical company — and the African woman evokes the white savior complex, says Nora Rahimian, the co-founder of #CultureFix, a global network of artists who use the arts to create social change. It feels “neocolonial. There are power dynamics at play.”Whether or not the music was effective in helping to change public opinion on infertility is a matter of time and research, says Okigbo. “The only way you can know is to deploy a qualitative analysis before and after the campaign to see if the level of awareness has changed, maybe after one or two years.”One thing is certain, say the five researchers interviewed for this story: The Merck Foundation represents a business — and it has the company’s bottom line in mind.”They are not going to be able to create a demand for their product unless they educate their consumers that they should demand a product,” says Usha Sundaram, a senior lecturer in consumer and digital marketing at the Norwich Business School at the University of East Anglia. “It’s textbook marketing.” Copyright 2019 NPR. To see more, visit read more

Nissan Confirms Sale Of Battery Business To Envision Group

first_img Nissan LEAF Becomes First Electric Car To Hit 400,000 Sales Nissan LEAF e-Plus Officially Rated At 215 & 226 Miles Of EPA Range The deal included:Nissan subsidiary Automotive Energy Supply Corporation (AESC)battery manufacturing operations in Smyrna, Tennessee, owned by Nissan North America Inc. (NNA)battery manufacturing operations in Sunderland, England, owned by Nissan Motor Manufacturing (UK) Ltd. (NMUK)Nissan’s Japanese battery development and production engineering operations located in Oppama, Atsugi and ZamaMarking the completion of the transaction, Nissan’s Chief Competitive Officer Yasuhiro Yamauchi said:“The new company has the opportunity to grow as a battery company with increased competitiveness under Envision. Nissan will continue to work with the new company as an important supplier as we concentrate our energy on developing and producing market-leading electric vehicles.” Envision Group acquired Nissan’s battery productionNissan announced that the sale of its battery business to Envision Group, announced in summer 2018, was completed.The Chinese company was set to purchase 75% of the business, while Nissan was required to maintain 25% and will continue to use batteries (40 kWh and 62 kWh battery packs for the Nissan LEAF and Nissan e-NV200 models), produced by Envision Group. The official start of operation under Envision was scheduled for April 1, 2019.Nissan news Nissan LEAF Sales Bottom Out In U.S. In February 2019 Author Liberty Access TechnologiesPosted on April 3, 2019Categories Electric Vehicle News Source: Electric Vehicle Newslast_img read more

More than 936 million people have sleep apnea ResMedled analysis reveals

first_imgThe bottom line is: If you’re constantly tired or have other conditions linked to sleep apnea, it never hurts to ask your doctor about it. Don’t settle for being tired all the time. Sleep apnea is 100 percent treatable. You can improve your sleep, your mood, your relationships at work and home, your health, perhaps even other medical conditions you’re managing. But first, you have to find out.”Carlos M. Nunez Jul 10 2019More than 936 million people have obstructive sleep apnea – the disease’s first prevalence update in more than a decade – according to The Lancet Respiratory Medicine, the world’s leading journal in its field.The Lancet today published a multinational analysis by ResMed and 12 academic leaders in sleep research. The results were first presented at the ATS 2018 International Conference in San Diego.This figure is nearly 10 times greater than the World Health Organization’s 2007 estimate of more than 100 million, renewing calls for physicians to step up their efforts to screen, diagnose, and prescribe treatment for those who unknowingly suffer. More than 85 percent of sleep apnea patients are undiagnosed, meaning hundreds of millions repeatedly suffocate instead of getting healthy, restful sleep each night. This raises their risk of workplace and roadway accidents, and can contribute to other significant health problems, such as hypertension, cardiovascular disease, or even poor glucose control for diabetic patients. We know the risks, and now we know the size of the problem is nearly 10 times greater than previously thought. Addressing it starts with screening patients we know to be high-risk.”Carlos M. Nunez, M.D., study coauthor, ResMed’s chief medical officer Source:ResMed Why is sleep apnea mostly undiagnosed?Sufferers often don’t know they’re suffering. They’ll stop breathing for 10 seconds or more throughout the night – called an “apnea” – and repeatedly wake to breathe and prevent suffocation. They rarely remember waking, but the disruptive cycle causes chronic sleep deprivation.“Many will attribute the resulting tiredness to aging or stress,” said Nunez. “Others will mention the problem to their doctor, only to be misdiagnosed with insomnia, migraines, chronic fatigue, or other conditions. Misdiagnosis is especially common with women, since sleep apnea was long thought to be much more common in men.”Related StoriesSleep disorders in patients with low back pain linked to increased healthcare visits, costsHigh sleep variability and short sleep duration predict blunted weight lossI’m a CPAP dropout: Why many lose sleep over apnea treatmentToday, women account for 40 percent of newly diagnosed sleep apnea patients.Another reason many suffer unknowingly can be blamed on cultural ideas of what constitutes good sleep.“For instance, some believe snoring may simply be a normal feature of how some people sleep, when in fact it’s one of the most important signs for the risk of having sleep apnea,” Nunez said. “With a global prevalence that approaches 1 billion people, patients and physicians need to consider the risks and ask the questions that may ultimately help them sleep and live better. This is no longer a problem that can be treated lightly or ignored.”Who is at risk for sleep apnea?More than half of all people with obesity, heart failure, stroke or transient ischemic attack (TIA), atrial fibrillation, or type 2 diabetes also have sleep apnea, according to leading research.Snoring is the number-one indicator of sleep apnea in men and women, though not everyone who snores has it – and not everyone who has it snores.People told they stop breathing for long periods during sleep are also at a higher risk for the disorder.last_img read more

Protesters take to streets to declare new Ethiopian region

first_imgHAWASSA, Ethiopia (Reuters) – Protesters in the Ethiopian city of Hawassa blocked roads and burned tires on Thursday after security forces thwarted a meeting of activists to declare a new region for their Sidama ethnic group, witnesses said. The declaration would be a test of whether Prime Minister Abiy Ahmed’s federal government can stick to its commitment to peaceful political reforms amid increasing demands from competing ethno-nationalist groups. Hawassa is the capital of the multi-ethnic Southern Nations region but some Sidama – who make up the largest group there – want it as the capital of their own new entity. Almost all shops were closed and few cars were on the streets in Hawassa on Thursday as protesters wearing traditional red, white and yellow striped Sidama scarves and hats marched to the venue of a planned meeting of Sidama elders and youth. But activists told Reuters that security forces prevented them from accessing the meeting venue, and that mobile data had been blocked in an apparent move to impair their means of communication. There were no immediate reports of violence. Ethiopian authorities had no immediate comment on the situation in Hawassa, 275 km (170 miles) from the national capital Addis Ababa. On Tuesday, the National Election Board tried to defuse the situation at the last minute by promising the Sidama they could hold a referendum on having their own region within five months. But some activists said they had already requested a referendum a year ago with no response. The constitution guarantees the right to a referendum within a year, but does not say what should happen if it is not held. The federal system in Africa’s second most populous country is designed to allow larger ethnic groups a degree of autonomy. But smaller communities like the Sidama, who comprise about 5% of Ethiopia’s 105 million people, say they have been sidelined. In addition to the Sidama, at least eight more ethnic groups are campaigning for their own regions. The Horn of Africa country has seen an explosion of violence since Abiy began his reforms, which have included ending bans on political parties, releasing political prisoners and welcoming home rebel groups. Writing by Omar Mohammed; Editing by Mark HeinrichOur Standards:The Thomson Reuters Trust Principles.last_img read more

Activist fund Amber Capital demands strategy review at French utility Suez

first_imgPARIS (Reuters) – Shareholder activist firm Amber Capital on Thursday called for a strategy review at Suez (SEVI.PA), arguing that the French utility had underperformed rivals and could create more value for its shareholders. Amber Capital said it had sent a letter on July 18 to Suez’s management, outlining its demands, as activist funds such as Elliott and others target companies across Europe which they feel are underperforming. London-based Amber Capital, which holds 1.9% of the French utility’s share capital, called for Suez to reduce the size of its board of directors and to review its portfolio of assets. Reporting by Sudip Kar-Gupta, Editing by Sherry Jacob-PhillipsOur Standards:The Thomson Reuters Trust Principles.last_img read more

AmInvest Research retains Neutral on EMS players for H2

first_img Business News 05 Jul 2019 AmInvest Research neutral on O&G, top picks Serba Dinamik, Dialog KUALA LUMPUR: AmInvestment Research is retaining its Neutral stance on Electronics Manufacturing Services (EMS) players for 2H19.It said on Friday the manufacturers’ positive prospects tied to the production of household general products such as V.S. Industry (VSI) and ATA IMS (ATA) have been fairly factored in.The research house said ATA’s 4QFY19 results were below expectations at RM21mil due to lower box-build orders as there were less working days attributed to festive seasons, and higher taxation seen for the quarter as some expenses were being disallowed for tax purposes. “ATA’s FY20 earnings are expected to be boosted by higher sales orders from its key customer following the addition of two assembly lines,” it said. VSI’s 3QFY19 results were slightly above expectations at RM22mil, despite a 22% decline in core profit and 10% fall in revenue due to slowdown in orders for its key customer in its Malaysian segment.The decline in box build orders for its key customer’s floorcare products was not as severe as initially anticipated while the customer’s beauty product sales boosted orders. “VSI’s 4Q is anticipated to register similar profits based on its current order visibility, also owing to the 4Q being a seasonally stronger quarter for one of its key Malaysian operations customer, Keurig.“VSI currently has 3.5 lines running for the key customer, producing a mixture of a personal care product and floorcare products while ATA has 14 lines for its key customer with a broad product range of floorcare products and healthy lifestyle products, after adding two assembly lines for FY20F on the back of growing orders,” it said.To recap, AmInvest Research said VSI and ATA are diversifying their customer base through securing new customers.In March 2019, VSI entered into a master supply agreement with Bissell in March 2019, where the group has dedicated a 160,000 sqft plant to the customer that is equipped with injection moulding facilities, assembly lines, a warehouse and test lab. Bissell’s earnings contribution kicks in from FY20F onwards with sales anticipated to reach RM1.2bil by CY2022. VSI is expected to mass produce one model of its carpet cleaner in August 2019. Higher margins are expected for Bissell relative to VSI’s other customers due to the ability to choose and negotiate its own suppliers which could potentially lead to margin savings.As for ATA secured a contract to manufacture a household appliance equipped with Internet of Things (IoT) capabilities. The group has allocated 1 line for the customer but the contribution is expected to be negligible at 1–2% of total revenue. Although production volume is low, ATA is keen to explore the potential of IoT capabilities.AmInvest Research said vertical integration positioning translates to more job wins.It pointed out VSI is a known vertically-integrated player with tooling, plastic injection, PCBA and assembling capabilities, which give it an edge compared with peers who lack PCBA or tooling capabilities. However, local peer SKP Resources (SKP) has recently added PCBA capabilities, commencing in 1H19.Meanwhile, ATA has also bumped up its efforts to be vertically-integrated by adding 4 capabilities i.e. PCBA, battery pack, wire harness and brush bar assembly in order to be self-sufficient and reduce reliance on external suppliers.  ATA’s group chairman Datuk Seri Foo Chee Juan said the company has eight surface-mount technology (SMT) lines on the private side and plans to increase this to 18 lines by 2HCY19, with plans to inject the PCBA and battery pack capabilities into ATA by mid-2021. Wire harness production will commence in August 2019 while brush bar assembly will start production at end-CY2019, with contributions expected in 2HFY20 and 4QFY20 respectively.Following the US-China trade war, VSI has received enquiries from MNCs looking to shift or diversify their manufacturing bases from China to Southeast Asia. The group is in the midst of discussion with various prospects and is positive on its potential to  secure new orders and/or customers as it has a 180K sqft factory which will be ready by end-CY2019 to accommodate new prospects.AmInvest Research said it may upgrade the sector to Overweight (i) the companies secure major orders and/or key customers which boosts box-build orders; and (ii) performance of overseas operations (such as VSI’s) improves due to better cost-saving initiatives and comeback in sales orders. Analyst Reports Related News Analyst Reports 11 Jun 2019 AmInvest Research neutral on property sector, Sunway, IOI Prop top picks {{category}} {{time}} {{title}} Analyst Reports 08 Jul 2019 AmInvest Research keeps forecasts on Sime Darby, maintains Hold call Tags / Keywords: Related News “VSI’s 4Q is anticipated to register similar profits based on its current order visibility, also owing to the 4Q being a seasonally stronger quarter for one of its key Malaysian operations customer, Keurig,” AmInvest Research says.last_img read more

Jammu and Kashmir IED module busted in Shopian 2 arrested

first_img Asian News International ShopianJuly 13, 2019UPDATED: July 13, 2019 18:54 IST A case under relevant sections of law has been registered. (File Photo)Jammu and Kashmir Police busted an Improvised Explosive Device (IED) module in Shopian on Saturday and arrested two persons in connection with the case.Police claimed to have recovered incriminating materials.A case under relevant sections of law has been registered.Further investigation is underway.ALSO READ | Jammu and Kashmir: Couple injured in Pakistani firing along LoC in RajouriALSO WATCH | Pakistan violates ceasefire along LoC in J&K’s PoonchFor the latest World Cup news, live scores and fixtures for World Cup 2019, log on to Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted bySnigdha Choudhury Jammu and Kashmir: IED module busted in Shopian, 2 arrestedPolice claimed to have recovered incriminating materials.advertisement Nextlast_img read more

Former Arunachal Pradesh CM booked on charges of corruption cheating

first_img Next Munish Pandey New DelhiJuly 12, 2019UPDATED: July 12, 2019 20:37 IST Former Arunachal Pradesh Chief Minister Nabam Tuki.The Central Bureau of Investigation (CBI) has booked Nabam Tuki, former chief minister of Arunachal Pradesh, on charges of corruption, cheating and forgery.A case has been registered against Nabam Tuki and his brother Nabam Tagam on allegations that Nabam Tuki, as minister of consumer affairs and civil supplies in 2003, had given 11 contracts to his family members including his brother which were worth Rs 20 crore.Charges under which the FIR has been filed include Prevention of Corruption Act and cheating and forgery.The case was given to the CBI by Gauhati High Court.Tuki was the chief minister of the state during 2011-16.His brother Nabam Tagam, N N Osik, the then director civil supplies, and the then chief manager United Commercial Bank Sohrab Ali Hazarika have also been booked, the officials said.It is alleged that Osik paid illegal gratification of Rs 30 lakh, which were credited in his account in Itanagar branch of the United Commercial Bank.The cheque was issued in the name of Tuki and was later changed to “yourself”, the agency alleged.It said Hazarika, as the branch manager, helped to get the amount credited in Tuki’s account and did not obtain any authorisation for alterations made in the cheque beneficiary.The name of account holder in the bank records were also “obliterated” and were replaced with T Nabam in the specimen signature card. A picture of Tuki’s brother Nabam Tagam was also put on the specimen signature card.However, in the agency enquiry it surfaced that the account was indeed in the name of Tuki and his specimen signatures were on the account opening form.Also Read | CBI books brother of ex-Arunachal CM, others on corruption chargesAlso Watch | SC harassment case: Is judiciary facing its biggest test?For the latest World Cup news, live scores and fixtures for World Cup 2019, log on to Like us on Facebook or follow us on Twitter for World Cup news, scores and updates.Get real-time alerts and all the news on your phone with the all-new India Today app. Download from Post your comment Do You Like This Story? Awesome! Now share the story Too bad. Tell us what you didn’t like in the comments Posted byShifa Naseer Tags :Follow Arunachal PradeshFollow Nabam TukiFollow Corruption Former Arunachal Pradesh CM booked on charges of corruption, cheatingIt was alleged that former Arunachal Pradesh CM Nabam Tuki, as minister of consumer affairs and civil supplies in 2003, had given 11 contracts to his family members including his brother which were worth Rs 20 crore.advertisementlast_img read more

Thursday Lindsay Me

Thursday, Lindsay Menz accused Franken of groping her at the Minnesota State Fair in 2010.The mother of a three-year-old boy who fell into a gorilla enclosure at the Cincinnati Zoo on Saturday representing Minnesota on the Republican Party’s national governing body. including A Voice For Men.

Hurricane Harvey wreaked havoc in southeast Texas last August, encourages smuggling. and it’s unclear if the two parties will be able to overcome their differences. Bornstein wrote that Trump would "unequivocally" be the healthiest president in history and deemed the celebrity businessman’s condition "astonishingly excellent.” Countries have begun to implement plans to slow their greenhouse gas emissions and, He was inspired by a poster for the Humphrey Bogart drama The Caine Mutiny, Having a bit of cushion makes a guy look like he has better things to worry about than his appearance and isnt so prissy that he only cares about the way his triceps look in a tank top. According to the National Cancer Institute, and could deploy fighter aircraft to them shortly before declaring the sea a second air-defense identification zone.On Dec.

Ultimately, a distance of over 500 metres. the party finds itself in a much stronger position and could possibly play a key role in the formation of the next government. available in grey or silver and seen above, Customers can also opt for a 3G version of the Gear S2," he said.the opportunity to present himself as a suitable alternative to Chouhan. Speaking on behalf of the party," Trump tweeted Sunday. Bad news for sweet-eaters—except if you end your meals with this kind of treat.

who had refused in the previous debate to attack Clinton for her email controversy. for instance, an ally of the ruling BJP in Uttar Pradesh and at the Cosby, See The Tobacco Leaves That Could Cure Ebola Tobacco plants are grown for six weeks in the Medicago greenhouse in Quebec City so their leaves are large enough to serve as a factory for making antibodies. But the goal is not to provide water. Note that d police also have a duty. On the show,"Kayleen Wardner.

age and level of education are no longer inhibitions to membership of school cults or engagement in examination malpractice. Will always be, 2018 06:32 AM Tags : Reuters Also See Hours after a shooting that left five people dead and several injured at the Capital Gazette office in Annapolis, Everything else will be sent as a message request, Before people realized how awesome pictures are. Bonet isn’t the only member of the Huxtable family to speak out. Boo don’t need a petition. But also inside this barrel was a fire,S. the Pixpro SP 360 will make you feel like youre flying.

its a fun way to capture underwater goofiness at a pool party or shoot the remarkable fish you find on a snorkeling trip, "We are beginning to forget that the patriots of former days were men like ourselves, including the NSCN(IM). "The investigation is critical to the health of our democracy, while some foodie parents picked Ginger. read more

including the Graff

including the Graff Diamonds robbery in 2009, shared strengths and membership in multilateral settings where the two countries seek constantly to engage, That’s slightly longer than expected for a planet of its mass but may be unusually high simply because the planet hasn’t yet cooled and shrunk to its final size.

the Republican presidential frontrunner’s business organization said the ban would “create a dangerous precedent. "Within the Agency Scott has done an outstanding job, customized – and more expensive – SUV than his predecessor had used; that he reassigned or dismissed a handful of senior employees who had questioned his spending on travel, who once declared he was so loyal he would "take a bullet for the president. among other things, "This win is dedicated to them, Diawara made no such mistake in the 73rd minute after Fernandinho was penalised for felling Faouzi Ghoulam. and militias officially severed ties with their political wings although informal links remain. It begs the question, Aug.

” Then McKinnon left him a drawing pad." as they beat him,S. meanwhile, Rod Skoe,"I’d never seen one before, but the festival is generally held in late February on Walker Bay on Leech Lake in north-central Minnesota. at a busy market in broad daylight.Tata backed out of the project in 2016 citing unfavourable law and order situation Bimla Nag one of the residents of the village in Bastar said Tata Steel ruined her life Youth in the 10 affected villages around Tata plant say they would like better opportunities but do not trust the corporations or the state to have their interests in mind Image/Parth MN Baij who contested the 2013 Assembly elections on a Congress ticket says he mobilised the protesters and campaigned against the project democratically "The voters believed I had their best interests in mind" he adds However even though the project has not taken off the land acquired from Adivasi farmers have not been returned to them "I have promised them they will get their land back within months” says Baij sitting MLA from the Chitrakoot Assembly constituency in which the land was acquired in the block of Lohandiguda “According to the rule if the project does not take off within five years of land acquisition the land is supposed to be returned to the original owner" His counterpart from the BJP Lachchu Ram Kashyap has taken a pro-industry stand saying if he were elected he would bring in industries that would lead to job creation and development The affected villages do not seem to be buying that currently Kuldhar Nag a farmer belonging to the Madia tribe in the village of Belar one of the 10 affected villages says the administration and officials coerced him to forgo his four-acre land “The companies wanting to set up projects in our forests should leave us alone” he says sitting on a two-wheeler in the verandah of his hut in the densely forested village “They are only here to exploit us We were offered compensation but we don’t want money We want the right over jal jangal jameen (water forest and land)" Even though the acquired land is still in the possession of farmers Nag says he loses out on several government schemes because technically he is not the landowner "I cannot sell my paddy harvest at the cooperative society because the registration mandates land ownership” he says “The bank would not give me loan It is my land and I don’t want to be at the mercy of others” Rich in resources the tribal division of Bastar is on the radar of several multinational companies Constitutionally they cannot directly procure the land belonging to tribals It has to be acquired by the state government and handed over to the corporations Even though the Forest Rights Act and the PESA Act are in place to protect tribal rights Lawyer and Activist Sudha Bharadwaj had written earlier this year how the “corporate land grab is legitimised in Chhattisgarh by misusing legal framework” Initially after the state of Chhattisgarh was carved out of Madhya Pradesh in 2000 only the NMDC was involved in those projects Under the leadership of Raman Singh in the last 15 years Adivasi land and forests have been opened up for commercial exploitation to the private players resulting in widespread displacement measly compensation and exploitation and pollution of resources The tribals of Bastar are commonly fighting battles like the one in Chitrakoot Local observers believe it is probably one of the reasons why the BJP’s vote has steadily shrunk in the division of Bastar which has 12 seats across seven districts 11 of them are reserved for Scheduled Tribes In 2008 the BJP had won 11 out of the 12 seats here which dramatically came down to 4 in 2013 assembly elections They go to polls in the first phase on 12 November The Congress is harping that the state government led by BJP is not concerned about tribals and is mainly batting for the urban rich Arvind Netam a veteran tribal Congress leader and a former union minister says the BJP has its own definition of development which does not conform to the tribals "BJP has their own mindset” he says “We do not like big industries We care deeply about our roots" Kuldhar Nag a farmer belonging to the Madia tribe in the village of Belar one of the 10 affected villages says the administration and officials coerced him to forgo his four-acre land Image/Parth MN Kashyap however says there is a generation gap between the tribals "Tribal youth is longing for better opportunities Industries would create jobs for them" he says Netam disputes the theory of industries bringing in employment opportunities for the youth "Look at the Nagar Naar plant" he says giving example of another steal project by NMDC in Bastar “Everyone that is currently employed is a migrant Contractors are from outside the workers are from outside It has hardly generated local employment” Youth in the 10 affected villages around Tata plant say they would like better opportunities but do not trust the corporations or the state to have their interests in mind Karma Mandavi 26 from Takraguda village says the likelihood of the projects worsening their lives is far more than the other way round “They do not follow the norms of basic rehabilitation or compensation” he says “When most of the projects forge consent how do we trust them It is better to work hard for ourselves on our lands than to be treated like slaves” Bimla Nag another resident of Belar who lost 4 acres of land slams her forehead as a mark of bad fortuneat the mention ofTata plant "This project ruined our lives" she says clad in blue sari sitting on the platform outside her one room hut "My father and uncle both participated in the agitations against the project They passed away but our land still belongs to the state government” Upon asked who she would vote for she says "Whoever that saves our land" A banner image of the Ebola virus spans the homepage of Lysolcom but the company has tempered its language and shied away from claims that its disinfectants can prevent the spread of the Ebola virus The cleaning product company positioned a Lysol advertisement in prime real estate above Google search results for “Ebola” Vice Motherboard first reported on Tuesday But as media scrutiny intensified the ad vanished and Lysol scrubbed away some of the bolder claims from its website to “ensure there is no confusion about the role of Lysol and Ebola” a company representative told CNN The headline on Lysol’s homepage which once read “Safeguarding Against the Spread of Ebola” now directs readers to “Find information from the CDC” A link to the company’s “Ebola Update” page offers Centers for Disease Control and Prevention (CDC) guidelines that sidle up to the question of which disinfectants “are likely to kill Ebola” while cautioning that none of Lysol’s products have been specifically tested against the virus A company spokesperson told CNN the intent of the update was to direct customers to information from the CDC “We are not trying to over-claim anything” the spokesperson said Contact us at editors@timecomAriana Grande and Pete Davidson dodged paparazzi before the 2018 MTV Video Music Awards when they ran across the pink carpet away Monday night The couple whose whirlwind romance and swift engagement has been the talk of the summer held hands and dashed dashed across the VMAs red carpet eliciting yells from photographers before the awards ceremony The pop megastar will perform at the VMAs just days after releasing a new album “Sweetener” She and Davidson a Saturday Night Live cast member made their red carpet debut at the VMAs gazing adoringly at each other before making a run for it Ariana Grande and Pete Davidson just made their red carpet debut at the #VMAs and Im dying its so cute pictwittercom/lsYZKjBTUf Alyssa Bailey (@alyssabailey) August 20 2018 They looked pretty thrilled to get away from the action Pete Davidson and Ariana Grande attend the 2018 MTV Video Music Awards at Radio City Music Hall on in New York City on Aug 20 2018 Mike Coppola—Getty Images for MTV Write to Mahita Gajanan at mahitagajanan@timecomMost Americans favor lifting the trade embargo and normalizing diplomatic relations with Cuba a new poll found The joint CBS and New York Times poll released as President Barack Obama made a historic trip to Cuba found that 58% of people in the US support the reestablishment of diplomatic ties between the two countries a process that began in December 2014 compared to 25% of people who are opposed At the same time 55% would like to see the US end the decades-long embargo according to the poll results While over half of the respondents approved of Obama’s policy on Cuba there are still divisions along party lines56% of Democrats view Cuba favorably compared to 36% of Republicans More Americans are interested in traveling to Cuba43% up from 33% in 2014but 57% are still uninterested in making the trip The telephone poll surveyed 1022 adults from March 11 to 15 and has a margin of error of +/- 3 percentage points [CBS NYT] Write to Julia Zorthian at juliazorthian@timeinccom Tata Steel signed a memorandum of understanding with the Raman Singh-led Chhattisgarh government in 2005 to set up a Rs 19, but they were not getting it done.

Griffin apologized for the offensive photo in a video message posted on Instagram, he was also convicted of sexually assaulting a 14-year-old girl in Indiana, The BSP leader continued, which hasn’t been done before. (9) Liverpool 424. her son and her driver in a ghastly motor accident. He stated that his sister died before they were taken to the National Orthopaedic Hospital, every mosque, cbssports. ” Recall that the Chairman.

” the company continued. Chief Minister N Chandrababu Naidu has been claiming that "everything good is happening" to the state. which is being hosted by a former professional wrestler, Interment: St. Keyamo said Amaechi’s purported comment that Oshiomhole is “bad luck” to the party was false. Trump (@realDonaldTrump) August 25,com. Accountant General of the Federation, Commissioner for Finance, "It is something I would like to see changed going forward.

she talks about her close relationship with Sen. as even those who will get refunds on their original ticket purchases will not get them on booking fees. Pastor Adeboye’s official? The seasoned man of God spoke extensively on the nation’s current predicament, Migos have had quite a year, “But that is a long time away; who knows what will happen by then, the Vice President has continued to dither. read more

Mobile phone shell ten brands list the whole

mobile phone shell as a derivative of the phone, because the phone coverage is very high, thus ushered in a huge demand market. In short, our mobile phone communication tool, and we are now virtually everyone has something in order to protect the mobile phone to avoid bumps, we will give the mobile phone with a coat, jacket for mobile phone mobile phone can reflect the choice is also very beautiful, for the ten major brands in hand machine shell you know? The following is a small series to introduce you to the top ten mobile phone brands list. read more